Category: Residential mortgages
Lenders decline a third of customers as they do not meet their full lending criteria.
The scheme, run by Unmortgage, allows first-time buyers to buy a share of a property without a mortgage and pay rent on the rest.
The average rate charged on a 10-year mortgage stands at 3.01%
Investec Private Bank is the first private bank Sesame has added to its panel.
Both hires will report to Fleet’s national sales manager Graham Le Bas.
The forecast is based on a Brexit deal being reached by 31 October.
Product transfer rates were 1.7% lower than seen in 2018.
RICS proposed changes to better protect buyers and sellers by introducing improved communication and more standardised offerings.
This option will be available to new and existing borrowers up to 75% LTV.
UTB has chosen Connect for Intermediaries to help it expand its distribution across its specialist mortgage and bridging lines. UTB will lend against many property types and will accept employed, self-employed and pension income.